Viewing Category Intelligence (Indirect) tagged with 'PRO'

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CORONAVIRUS RESPONSE: Supply Risk — Mitigating and Recovering from the Grey Swan of COVID-19 - [PRO Content]
April 6, 2020 | Pierre Mitchell
The mission of our “Coronavirus Response” series is to examine categories of relevant solutions and example providers that professionals in procurement, finance and supply chain organizations should investigate to reduce coronavirus supply risk. We’re calling the pandemic a “grey swan” because pandemics are not unknown risks. If you look at the 2019 World Economic Forum…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 4 — IT, Marketing and Should-Cost Software) - [PRO Content]
February 14, 2020 | Spend Matters Analyst Team
This final PRO installment of Spend Matters’ assessment of category analytics and category intelligence looks at providers focused on IT, marketing and should-cost modeling/analysis. Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 3 — Labor/Services and Transportation) - [PRO Content]
February 12, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 2 — Direct Materials, Indirect Materials and Cross-Category Specialists) - [PRO Content]
February 11, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 1 — Introduction) - [PRO Content]
February 10, 2020 | Spend Matters Analyst Team
If data is the new oil, then identifying the reservoirs and shale formations from which to extract prices, benchmarks and other pertinent purchasing information is a critical task for procurement and supply chain organizations. Why? Because the success of any sourcing effort depends on not just identifying the appropriate specifications and suppliers to satisfy a…
Decideware: Vendor Analysis (Part 3) — Summary & Competitive Analysis - [PRO Content]
March 6, 2017 | Michael Lamoureux and Jason Busch
In the world of marketing “spend,” there is a decisive irony. On one level, agencies (and marketing organizations) tend to leverage extremely detailed analytical data (campaign performance analysis, competitive reporting, etc.) to manage and improve digital marketing efforts. Yet marketing and procurement organizations still tend to apply a less quantitative and rigorous approach to managing…
Decideware: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
March 2, 2017 | Michael Lamoureux and Jason Busch
In the marketing spend category, sourcing an agency is not necessarily a fair description of the process of selecting an agency of record. Unlike suppliers in the majority of categories, when it comes to strategic marketing spend, the source-to-pay process does not focus significant effort on the collection of catalog data, certificates, insurance and other…
Decideware: Vendor Analysis (Part 1) — Background & Solution Overview - [PRO Content]
March 1, 2017 | Michael Lamoureux and Jason Busch
Trying to apply a generic source-to-pay technology solution to marketing spend at the agency level would be the same as using a mountain bike to compete in the Alp stages of the Tour de France. Both less favored approaches could certainly work, but the pack would leave you far behind on the first hill. Moreover,…
VMS and E-Procurement: Bridging the Indirect and Services Procurement Gap (Part 1) - [PRO Content]
February 11, 2016 | Andrew Karpie and Xavier Olivera
For the last few decades, technology applications have developed and taken root in both services procurement and non-services procurement (or “spend management” if you prefer). We can generally segment these applications into two areas: vendor management systems (VMS) and e-procurement solutions. Somewhat remarkably, it appears that these two fundamental categories of spend, which are increasingly…
Retail CPO Overcomes Print, Marketing, and Organizational Challenges - [PRO Content]
June 4, 2013 | Thomas Kase
Today we bring you a category case study. The CPO at a large Massachusetts-based discount merchandising retailer (that we will refer to as “J-Mart” in this article) joined the new firm with a mandate to modernize its procurement function in print and marketing amongst other areas.